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20120901
20120930
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WRC (NBC) 1
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NBC
Sep 23, 2012 11:30am EDT
. >> the s&p 500 has risen and fallen so has the president's chances of reelection. when osama binladen was killed in may. the chances of winning spiked and the s&p 500 got a bump as well. in august things took a turn for the worst for the president and stocks. in april 2012 at mitt romney emerged from the republican primaries the president's main challenger stocks were up and so were the president's odds of wins. the president got a bounce from the democratic national convention. so did his in trade odds the s&p 500 rose to its highest level since 2007. >> the same correlation held true for president george w. bush. coming next only one other man has faced barack obama in a presidential campaign. we'll talk to sensor john mccain on the election and his effort to prevent steep defense cuts. capitol gains is back after the break. . >> you're watching capitol gains i'm peter cook. what matters most in washington right now the election of course. the $1.2 trillions in spending cuts at the end of the year that will be triggered without a budget deal. john mccain is a veteran of the campaign
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